SENEA Upgrades to Outperform on Volume, Margin & EPS Tailwinds

Seneca Foods Corporation (SENEA) has been upgraded to an “Outperform” rating from “Neutral,” reflecting near-term visibility into volume recovery from a key co-pack customer, ongoing deleveraging benefits that will materially reduce interest expense over the next several quarters and a normalization in gross margins as high-cost inventory from weather-impacted 2024 pack dissipates. These factors collectively support improved earnings power, reinforcing Seneca’s positioning as a leading provider of packaged ...